164 Avoidance affecting proceeds of balancing event
Finance Act 2003 (2003 c 14) | Legislation

Capital allowances and related matters

164  Avoidance affecting proceeds of balancing event

(1)     In Chapter 5 of Part 12 of the Capital Allowances Act 2001 (c 2) (miscellaneous supplementary provisions), after section 570 insert—

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570A
Avoidance affecting proceeds of balancing event

(1)     This section applies where an event occurs in relation to an asset (a “balancing event”) as a result of which a balancing allowance would (but for this section) fall

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